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Jun 19, 2011 11:15pm EDT
time in the last 14 years he finishes outside the top 20th of the u.s. open. mcilroy, first hole out of the gate, no problem. drops him to 15 under. third shot on the par 4 fifth. rolls close to the cup. birdies the hole. 8under for the tournament. another second place at the open. back to mcilroy. teeing off on number 10. 214yards. a par 3. many had to start their round here on day two. the pros didn't like it. said it was too hard a hole. doesn't look hard for rory. will role back to 3 inches. not an ace, but close. you and couldn't make birdie there. he did. the 22-year-old mcilroy, two putts for par on 18 finishes at 16 under. hugs and happy father's day for his dad who came over from northern ireland. finishes at 268, to break the u.s. open by four shots and follows graeme mcdowell as back to back winners at the u.s. open. rory expected to win many more. >> following in the footsteps of one of my best friends, graeme mcdowell last year at pebble. it's a great feeling. got my first major championship out of the way early on in my career,
Jun 22, 2011 7:30am EDT
will decide whether to increase the e.u.'s carbon reduction target to 30% by 2020. this is a commitment made in the coalition agreement. according to reports, the vote will be very close, but it won't pass because just one conservative n.e.p. out of 25 will vote for the 30% target. will the prime minister guarantee that all his n.e.p.'s will honor the coalition agreement and vote for the 13% target tomorrow? >> let me be absolutely clear we are committed to the target and nothing will change. but i'll do a deal with the honorable lady i will work on mine if she promises to work on hers who on recent months who have voted for a higher e.u. budget, new e.u. target. they even voted against scrapping first class air travel for them. so perhaps she would like to give them a fly one and give them a talking to. >> mr. robert buckland. >> with the national audit office estimating the cost of criminal re-offending economy to 10 billion pounds a year, does my right herbal agree the need to the re-offending levels from the high rates from the government must be the priority of the policy? >> i complete
Jun 26, 2011 10:00am PDT
quote of americans want u.s. troops to leave afghanistan as soon as possible. in a speech from the white house on wednesday, president obama promised to begin the withdrawal this summer. he said more than 30,000 troops will return home by next year. >> america, it is time to focus on nation building here at home. >> earlier in the week, the u.s. conference of mayors called for an end to the war, saying the money would be better spent on domestic needs. nearly 40 religious leaders also urged an end to the conflict.
Jun 20, 2011 6:00pm EDT
of a reconciliation process to heal the warning factions in advance of the u.s. troop drawdown. and this is a difficult process. ultimately, there is no outlook in afghanistan and this is about that afghan taliban talking to the government. >> it's not known if the taliban representatives speak for omar, a taliban lead or the run for 10 years and experts say the profis will be productive if the u.s. is talking to the right taliban members. >> the conflict will be resolved by a political reconciliation. the real question has been: who music the taliban or what do we mean by the taliban? >> reporter: others question negotiating with the taliban after the u.s. fought them for 10 years and lost. >> why would you let them back in the game? why would you let them come back in and set up another sanctuary, let al qaeda move in and go back to where they were september liveing. >> the u.s -- live -- september 11thth. they have made big military gapes that brought the taliban to the table. >> we have had a lot of success over the last 15 months in afghanistan and the conditions on the gr
Jun 2, 2011 1:00am PDT
street. the steepest u.s. stock slide in a year exposed fears of a stalling economy. the dow and the broader s&p posted their biggest loss since june of last year after a dismal job data, economic slowdown and a new downgrade in greece. that puts greece on par with cuba now. >> that downgrade to a caa-1 rating by moody's, something that perhaps you would expect from an impoverished developing nation but not one from a major eurozone partner. that greek downgrade is understandably weighing heavily on the european markets now. moody's also put the chances of a greek default at 50/50. the implications of that are enough to send chills right through the stock markets, well beyond european shares this is how things are look in the first hour or so of trading. heavy losses from frankfurt to london, cac 40 down about 1.35% at the moment. let's move on to currencies. not a huge amount of movement on that front. the euro has risen about a fifth of a percent against the dollar today. earlier on in the week it hit a three-week low against the u.s. currency on the back of these concerns.
Jun 12, 2011 8:30pm EDT
. which even by u.s. standards is outrageous, excessive, mexico is a country where less collective or associative participation than any country in latin america, let alone the united states or western europe. we're a country that's terrible at team sports. we have never won anything as team sports, though we're good at individuals. boxers, runners, bullfighters, golfers. we're a country where people don't like to live in high-rises because they don't believe it's their home. they want their home on the ground level. which means the cities stretch out endlessly and cost a fortune. we're a country where there are no collective action suits, the notion itself doesn't exist. we're a country of leaders of movements. [speaking spanish] >> uprising commander 15 years ago. we're not a country of movements. now being so individualistic is great expect when 60% of your society is middle class. then it doesn't work anymore. >> senior castaneda, how would you describe the current relationship between mexico and the united states? >> what i try to do in this book when you have a long devoted b
Jun 5, 2011 12:30am PDT
. this is a critical for the u.s. government. the asia-pacific is the growth center of the planet. as mayor lee out line, apec represents more than half of the global economy, almost half of the population in the world. the united states needs to link our economy more closely to the asia-pacific economy in order to experience the kind of growth we want to have in the future. in that regard, there is a very important aspect that i want you to take home and understand today. it is also the most open forum for private sector participation that exists on the planet. there are multiple opportunities throughout the discussions for private-sector people to participate directly in the dialogue that takes place within apec and also to provide ideas and have influence on the outcomes, which we hope to achieve through the course of the year. we have outlined three themes for apec in 2011. being host of apec also means that we are the chair. that mean we set the agenda and the side what proposals are -- decide what proposals are put on the table and then tried to bring around the other economies to our point o
Jun 23, 2011 2:00am EDT
-time friend and fellow scholar of what's happening in china and u.s.-china relations. he and i have far more in common on this issue than we have different between us. but we'll do our best to find the differences to make it fun to spend time with us here this morning. the arrival of chinese outbound foreign domestic involvement around the world as well as chinese recovery from the debacle, from the pre-reform era that they are still recovering from presents the united states with consequences both good and bad for our economic primecy in the world as others get back on their feet and also presents us with choices to make about how we are to respond to that economic development. to kick off the discussion of the topic of outbound direct investment, this morning i'll make just three points for consideration, for yours and derrick's, to get us started about the nature of these chinese companies going abroad now, really for the first time arriving on u.s. shores. the first point i want to make is that whatever conclusions we draw about american interests with regard to this investment should be
Jun 16, 2011 7:00pm PDT
carrying out test runs. but a u.s. made device to remove radioactive materials mainly cesium stopped running on thursday. the utility company says it's examining the cause and trying to fix the problem, but it adds that suspension may delay full scale operation of the water treatment system. the highly radioactive water is building up at a rate of 500 tons a day as freshwater is being poured onto the reactors to cool them down. the main facility to store radioactive water reached capacity on thursday and any delay in launching the treatment system could cause contaminated water to overflow in about ten days. water treatment system is a precondition of the company's plan to bring the plant under control. it intends to use the treated water to cool down the reactors. tepco announced the plan to solve the nuclear crisis t months ago and it's to review the timetable on friday. radioactive material has been detected in sludge from waste water treatment facilities in many parts of japan since the crisis began at the fukushima daiichi plant. the government announced guidelines on how to dis
Jun 22, 2011 2:00pm PDT
hours away from revealing his plan for afghanistan troop drawdown. what it means for u.s. troops in the war zone right now. held in a container for days and then held for a modern day slave. what is being called the largest human trafficking case in u.s. history. >>> and air traffic controllers get a rant go b gays and women, providing a window into a rather ugly banter. i'm wolf blitzer. you're in "the situation room." >>> president obama will explain how quickly he will bring home troops from afghanistan. the surge troops will be pulled out by and another 23,000 or so next year. it's a rather delicate balancing act of national security and public opinion as this commander in chief campaigns for re-election. let's go over to chris lawrence who is looking at this. 30 or 33,000 troops will be out by the end of next year but that's 70,000 u.s. troops in 2013, 2014 who will remain? >> that's right. and that's twice the number that when president george w. bush left office. but it's no secret that general petraeus and the military would have liked a slower drawdown. all taliban attac
Jun 23, 2011 1:00am PDT
at cnn in london. here are the headlines this hour. u.s. president barack obama says america's military goals in afghanistan have been met and that it's time to focus on problems at home. he's given a speech outlining a plan to begin sending u.s. troops home, all 33,000 surge troops will leave by september 2012. >>> in a televised address, moammar gadhafi called nato attacks on his country barbaric and urged the u.n. security council to investigate an air strike that reportedly killed 15 people, including civilians. nato says the target of that attack was a military command and control center. >>> an outspoken artist jailed for tax evasion in china is out of prison. way -- ai weiwei was released. >>> a dutch lawmaker has been acquitted of hate speech verdict. he was on trial for inciting racial hatred against muslims. >>> those are the headlines. "world business today" starts now. >>> good morning, from cnn london and welcome to the show, i'm nina dos santos. >> and a very good afternoon from cnn hong kong. i'm andrew stevens. you're watching "world business today." these are our top st
Jun 19, 2011 5:30pm PDT
to accomplish in golf. >> that u.s. open is the highlight of his career. i'm sure tom watson still lies in bed i at night to this day a thinks about that. i know as competitive as tom is he looks back at that and wishes he could have that one back. >>> good evening. i'm diane dwyer. we hope you are enjoying our special on the history of u.s. opens at the olympic club. here is a quick update. sarah shord, one of the three americans detained by the iranian government spoke at uc berkeley. she was released on humanitarian grounds but shane bower and josh fatale are awaiting trial. there is word that a verdict could be handed down in the next month. kimberly terry will have a full update at 6:00. >>> in san francisco it is a legal fight that has been going on for six years. state senator leland ye is hopeful the high court will rule in his favor. it limited violent video games. it makes it illegal for stores in california to sell exsesively violent video games to anyone under 18, but the law never took effect because it was immediately challenged in court by the video game industry which argued the
Jun 17, 2011 8:30pm PDT
to eight. jon huntsman, the former governor of utah, and u.s. ambassador to thpeople's puic china, announced he also will seek to be the republican nominee to challenge barack obama 17 months from now. what does jon huntsman bring to the 2012 table? one, foreign policy. ambassador to singapore, appointed by george h.w. bush. ambassador to china, appointed by barack ob'ma. two, executive branch, huntsman has served four u.s. presidents. three, moderate politics. huntsman is a supporter of green energy and equal rights for same-sex unions. that means he can steal independent votes from obama in the general election. those factors are the said that huntsman candidacy made plplplp why did huntsman declare his intention to declare his candidacy instead of just declaring his candidacy? pat buchanan? >> you got a couple separate headlines but is delaying long. he didn't show up for the new hampshire debate. john this, guy is the wends el wilkie of 2012. >> wilkie lost. >> well, he's the media candidate show being imposed upon the repuican party. i've never seen sump a build-up for a cand
FOX News
Jun 3, 2011 7:00pm EDT
a golfer. i'm not sure about the president. mike emanuel at the white house. thank you. u.s. lawmakers are demanding for answers from president obama about libya. also rejecting an attempt to force the administration to end military operations there. the house considered two separate resolutions today. the first from house speaker john boehner. that one prohibits the u.s. from putting ground forces inside libya. and it calls upon the white house to provide more information about the costs of the military operation. >> in march when the president committed our troops to nato's mission in libya. i said he had a responsibility to the american people to define the mission, to explain what america's role was in achieving that mission and lay out how it was to be accomplished. he has not effectively done so. >> jon: speaker boehner's nonbinding resolution passed 268 to 145, but another resolution that would have called on the president to entirely halt libyan military operations within two weeks, well, that failed. as for the white house, a spokesman called both resolutions unnecessary and u
FOX News
Jun 4, 2011 11:00am EDT
. >> this good or bad news for america in >> i think it is good news. you can debate whether coke is a u.s. company. 80 percent of the sales are coming from outside of the u.s. . this is fundmentally about the stock . we should see the demand for the stock. they are not near the 1998 peak. there is great buzz and demand. i would be worried about group on is filing but we are talking about an old brand. dennis this is something our economy will happen whether it is good or bad. >> no company raises money on the markets thinking about where the economy is now. this is an indictment of the regulatory system in the u.s. that led to a vast reduction in the ipos and pushed them all over seas. it is a main doing business. it is an outlaw country and yet coke rather go over there than here. >> what about our regulatory struct are. dennis makes valid points. the best way to look at china. put aside the communism. but it is civil war to world war one . wild west frontier. there was a lot of shanag ans going on. that is where the opportunity is. latest five year plan in china calls for a trillion dol
Jun 20, 2011 4:30am EDT
a mental health evaluation. some a the threat against u.s. airways flight 2596 at an airport ticket counter in dayton, ohio. the plane did land safely at reagan national airport. the airport was briefly sat down. the fbi found no explosives. -- a report was briefly shut down. >>> the man at the center of a security scare near the pentagon last week goes to court. >> yonathan melaku spent the weekend in jail, but has not been formally charged. the 22-year-old marine reservist will face a federal magistrate today. the trigger a massive securities. the pentagon on saturday. he had a backpack with an is an allegorical workbok with the words "taliban rules." his car was found hidden in the bushes near the pentagon parking lot. >>> investigators are searching for clues in the deck of a man in northeast. it was found last night in the 1300 block apart levi street. it's not clear what caused his death. -- 1300 block of levi. >>> this wednesday marked the two-year anniversary of the metro's red line crash, which killed nine. metro has been making safety improvements that includes replacing old this
Jun 15, 2011 2:00pm PDT
states find and kill osama bin laden. it's fueling outrage and putting even more strain on u.s. relations with pakistan. >>> and congress investigates why federal agents -- get this -- allowed weapons to fall into the hands of the mexican drug cartels and the criminals. it's being called a catastrophic failure of leadership. and it had deadly results. i'm wolf blitzer, you're in the "situation room." >>> right now president obama is trying to put down a mutiny in congress over u.s. military action in libya. he's sending a report to lawmakers defending the mission and his authority to order it. some angry house members from both parties went to new lengths today to push back at the president announcing a lawsuit challenging america's involvement in the libyan conflict. let's go straight to our white house correspondent brianna keilar. she's working this story. first of all, brianna, we know what the report is going to say, but what's the status of actually delivering it to congress? >> we're expecting it to be delivered to congress imminently, wolf. in fact, we're a little surprised that i
Jun 28, 2011 6:00am EDT
with him in detail not only how to respond between india and the u.s.a., and also there are issues on which we share common perceptions. one of the fundamental principles of our relatiohip is we share many common patterns. we have now engaged not only in strategic partnerships but also to expandhe relationship in various international forums, particularly the g-20, as an important forum to address the problems [unintelligible] it has developed into a mar financial crisis. the weaknesses inherent in the system, and too much dependence on market results. effective regulations point out the weakness in the system. we have taken certain measures in this forum and a full cup summit, the latest one, which has clearly outlined the measures to be taken by the various countries to ensure that there is a proper and orderly development on a sustainable basis. i would like to share with this audience the problems and prospects of the indian economy. many economies were badly hit, but not to the extent that many others suffered. one simple fact will point out the depth of the problem. at the beginning o
Jun 15, 2011 7:00pm PDT
. the u.s. made device is designed to remove radioactive cesium. tuesday's test showed it reduced cesium by a factor of 3,000. tepco planned to reduce the number of substances by 10,000 before moving the decontaminated water to temporary tanks. technical problems delayed the test by four days. >>> we're getting another look at the extent of the damage at fukushima daiichi. tepco released video inside the number three reactor building. the footage was taken last thursday when workers entered the building to check radiation levels. the roof of the facility is missing because of a hydrogen explosion on march 14th. the video shows the workers wiping the floor with paper sheets to check the concentration of radioactive substances that have been scattered there. it also gives a look at the water that's accumulated in the reactor building's basement. it's believed to be water leaked after it was injected to cool the reactor. the highest dosimeter reading during this information was about 100 millisieverts per hour, that means the workers would receive the maximum allowable level of exposure, 25
Jun 23, 2011 5:30pm PDT
of oil from the u.s. reserve. but what's the emergency and why now? >>> and river rising. we can see why thousands are on the run from an american city. where there's lots of water on the way. >>> most wanted. a notorious mobster on the for 16 years. the inspiration for a hollywood film, now it's all over, an incredible story has come to an end. >>> in the spotlight, we have seen and heard from the obama girls this week like never before. tonight a special conversation with their mother, the first lady. >>> also tonight, making a difference for america's troops and their families here on the home front. home front. "nightly news" begins now. captions paid for by nbc-universal television >>> good evening. this came out of nowhere. the word this morning that the u.s. is opening up the flow of 30 million barrels of oil over the next 30 days from a supply we keep for a rainy day, a national emergency, called the strategic petroleum reserve. 27 other countries are kicking in an equal amount, so that's 60 million barrels in all. the white house at first pinned this on the civil war in libya, t
Jun 26, 2011 11:00am EDT
at the best level as possible as so i'm confidence confident in the people. >> there is pressure from the u.s. to pull out of the libya mission. providing support and combat capabilities. will europe be able to sustain it without u.s. participation? >> well, in my point of view the u.s. support is critical. in any case, if we lose the u.s. support we will lose capabilities. we can sustain an effort but it will be at a very much slower pace. >> what are some capabilities you think europe has to develop to do some of the operations on their own without such a big american involvement? >> the command and control issue is still the one and foremost that we will need to work out as european countries but we must do that in a very clear and fully effective way without u.s. partners. >> uavs. capability was very important to you in afghanistan. you have an urgent requirement. the initial idea was to buy an off the shelf system but now there is more talk of developing a longer term solution on an anglo french cooperation. what's your uva strategy for the future? >> first and foremost they have demon
Jun 28, 2011 6:00am EDT
not just the european banking sector but also the u.s. banking sector and financial sector. the money market system is still not fully resolved. that is the changes under rule 287 that improve the liquidity position of money market funds is good. the basel liquidity rules will kick into place are good and will help. the regulations of capital martinet collateral requirements in the sector will also help significantly, but there's still weaknesses, lastly i would point out the significant capital cushion that is built in the u.s. financial system rather remarkably will help a lot. so in all of those senses the system is more resilient and savor and then it was just a short time ago. i do think that we have not yet fully reformed if you will or fully solve the problem of the money market mutual fund system, and you have seen proposals across-the-board for different approaches including either private sector capitalization of a liquidity fund or floating requirements or split hybrid requirements for the floating stable products. i think we are going to have to continue to make reform in
Jun 22, 2011 6:30pm PDT
of trade d vepmt,secretary of u.s. department of commerce. >> secretary, john, he's -- [everyone talking at once] >> he's been ambassador twe. >>ambassador at age 32, appointed by a range of -- [everyone talking at once] >> he just got back from being ambassador to cha. ok. ntannd the china syndrome. >> the former u.s. ambassador to china was one two speakers at a reuters event in new york city this week. huntsman along with former u.s. secretary ste henry kissinger was asked by harry evans to give his view on china's rise on the global state. husman says china is on the global stage but is learning how to handle it. >> the question now becomes, e eyrey lead on the world stage? and i think there's a lag there. they'll figure it out, but i think there's probably three to five years during which they will have to come to grips with what it to be on the world stage. >> question, jon huntsman served ambassador during that service china backtracked on hun rits will that hurt huntsman on the campaign trail? >> i'm sure that's just a small excerpt but what is he talking abt? this is a great
Jun 14, 2011 6:00pm PDT
as the government continues their strikes along the north-south border. warning of a financial meltdown in the u.s. the central bank chairman says the country's borrowing limits must be raised. and as part of our season why taiwan's increasing prosperity comes at a price as we talk exclusively to the president. >> during the course of economicic development the gap in income will widen and no country in the world has a narrowing gap. >> it is 9:00 a.m. here in singapore. temporary is 2:00 a.m. here in london. this is newsday. the u.n. accused sudan government of carrying out a bombing campaign near the north-south border. tens of thousands have fled their homes and urged the government to let them in to help victims of the fighting. the south is due to become independent next month. >> homeless and helpless, these are some of the tens of thousands people displaced by the latest fighting in sudan. they have taken shelter outside the local united nations headquarters. the u.n. is handing out food and other supplies. workers say they are being denied access to the areas of heaviest fighting. >> we kn
Jun 22, 2011 7:00am EDT
it to the afghans -- president obama is expected to announce the number of u.s. troops to be withdrawn from afghanistan. argentine president announced her decision to stand for reelection in october. it ends the uncertainty over plans after her husband died last year. >> after weeks of speculation, christina fernandez confirmed her intention to stand again for the highest office in argentina. we are going to submit ourselves once more, she told us live on national television, to rapturous applause. still dressed in black, she was quick to invoke the memory of her late husband who died last year. >> my commitment is irreversible and ever vocable, not just for his memory and legacy, but also to the young hoping for so much from this new country. i hope to be a bridge between you and future generations. i believe this is my role. >> outside the presidential palace, her supporters gathered to show her backing for her decision. seeking reelection is something she decided at the time of her husband's death, as if she -- as she said, after an outpouring of grief. they can expect her husband's name
Jun 16, 2011 6:00am EDT
administration is being sued by members of congress. the white house fire zas back to defend u.s. involvement in libya. kate amara has more. >> pin lawmakers filed suits yesterday, claiming the the president violated the constitution and by bypassing congress. = = 10 lawmakers. a bipartisan looked group of lawmakers is suing the obama administration, challenging u.s. military action in libya. >> why in the are we going into libya? >> by participati in the nearly an three-month-old mission, lawmakers contend the obama administration is violating the war powers resolution, which sets a 90-day deadline for the president to get congressional authorization when involving u.s. troops abroad. >> congress is a branch of government. founders made it clear they did toers tend for war pwoers be placed in the hands of the president. >> the white house insists president obama acted with in his authorities. >> the president kept its commitment to the american people to limit our involvement in libya. >> the white house sent a report on the mission to congress on wednesday to answer legislator'' questions.
Jun 16, 2011 11:00pm EDT
're concerned the implementation of dodd frank is going to hurt the u.s. markets competitiveness, but it's u.s. competitiveness as a whole. these -- for the businesses to grow and the entrepreneurs, everywhere you grow, you hear about job creation. we won't be able to do that if we're at a competitive disadvantage that moves industry, capital, and jobs overseas. i'm very interested in hearing the panel today in how the process goes with respect to the competitiveness throughout the world. thank you. i yield back. >> last 30 seconds. >> thank you, mr. chairman, and so our witnesses today. i appreciate that this is essentially just a discussion. on occasion, we're hear the comment of regulatory arbitrage. i'm trying to get my head around how much is folklore, how much of that exists, how much is rule for rule, variation and rule writing, but also there's another fundamental out there, actual enforcement. we may have equal rules, but this particular government, this sovereign entity has a bad habit of never looking at the capital reserve, and that actually puts us at quite a disadvantage or crea
Jun 15, 2011 4:00pm EDT
to hold off on his testimony in a case involving an alleged sex tape. u.s. marshals have released these booking photos of edwards. he is charged with improperly using campaign funds to cover up his affair with a former campaign aide, re he will hunter. he also a witness in a lawsuit that hunter filed of a purported sex tape. he is asking to delay the hearing until proceedings in his own criminal case are wrapped up. >>> there is new tension today between washington and islamabad. u.s. officials say five people who helped the cia find and kill osama bin laden have been arrested now by the pakistani intelligence service. here is steve handelsman. >> reporter: the bad news broke, ironically, as the u.s. carrier colonel vincent returned to san diego. six weeks ago, the crew buried osama bin laden at sea. after navy s.e.a.l.s killed the al qaeda founder in pakistan. now the u.s. government says pakistan's spy agency has arrested five informants for helping the cia track bin laden to his hideout. one for noting the license plates of cars that visited here. the u.s.-pakistan relationship
Jun 8, 2011 6:00pm EDT
a grim outlook for u.s. nation-building in afghanistan. good evening. i'm judy woodruff. >> ifill: and i'm gwen ifill. on the newshour tonight: two senators weigh in on u.s. exit strategy-- new jersey democrat robert menendez and georgia republican saxby chambliss. >> woodruff: then, we have the latest on syria's leadership, its deadly crackdown on anti- government demonstrators, and growing international calls to rein in the violence. >> ifill: hari sreenivasan explores why four billion addresses used to connect to web sites aren't enough. >> imagine for a minute that you have a telephone number system that runs out of telephone numbers and you have to add another digit to make a bigger address space for telephone numbers-- this is the sort of thing you run into. >> woodruff: ray suarez reports on the challenges facing europe's richest country as chancellor angela merkel visits the united states. i german chancellor is not a head of state, but the white house not only honored her with the full pageantry of a state dinner but with the nation's highest civilian honor as well. >> ifill: an
Jun 5, 2011 4:00am EDT
today on u.s. farm report, a different atmosphere looms over the opening rounds of talks for thefection farm bill. and if you don't count ohio and michigan and indiana, crop planning is catching up. and your market experts talk about new contract highs. >> u.s. farm report brought to you by chevy and their award- winning cars, trucks, and crossovers. hello and welcome to u.s. farm report. i'm john phipps. more than a few frustrated farmers are looking for that last row to be planted. and for of us are surveying fields with subdued enthusiasm. farmers are unsettled about crops this year. this is what it looks like when supply and demand struggle to meet. as this summer propresses, we're going to learn about how our ag sector works with a small margin for error. for my part, i think it's time to put my son in charge of marketing. time for the headlines. here's al pell. >> the senate ag committee conducted its first field hearing this week and to no one's surprise, the budget deficit is at the core of every conversation. tuesday's hearing was headed by committee chair debbie
Jun 2, 2011 7:00pm PDT
at a joint venture firm it operates with ford motor in the u.s. this this is part of mazda's global reorganization. sources say mazda will stop making the mazda 6 models at the plant operated by auto alliance international in the state of michigan. mazda mazda reportedly plans to ship production of the model marketed in north america to its plant in western japan as early as 2013. mazda and ford each own a 50% stake in auto alliance international. the joint venture has continued to lose money since output fell substantially after the collapse of u.s. investment bank lhman brothers in 2008. mazda's future negotiations with ford are expected to include a complete withdrawal from the joint venture. >>> the japanese automaker is realigning its overseas production platforms. mazda already plans to build a factory in mexico to boost sales in fast growing markets in cross central and south america. it also plans to sell mexican made cars in north america. >>> sharp will switch from making large display panels to smaller sized ones at two plants in central japan. the company's kameyama numb
Jun 14, 2011 7:00pm PDT
cesium is reported to be working well. early tuesday morning, tepco began testing the u.s.-made equipment starting first relatively low-level radioactive water. this equipment is one part of the water treatment system that the utility is udeucing. analyses of the water found that after about ten hours cesium levels dropped to 1/3,000th. from wednesday tepco also plans to start using a french-made chemical decontamination made on the system. more than 105,000 tons of highly radioactive water has built up at the plant and the operator says it may run out of space to store it in about two weeks. a series of malfunctions delayed the start of the tests by four days. tepco is hoping to reduce the test period by a day so it can put the system into operation on friday and start treating the highly radioactive water. >>> the plant operator says tiny amounts of plutonium have been detected in samples of soil in the plant's compound. this is the third time that plutonium has been detected in the soil at the plant since the nuclear accident began on march 11th. tepco announced on tuesday that an inde
Jun 16, 2011 5:30pm PDT
in charge and the new signs of the tattered relationship these days between the u.s. and pakistan. >> reporter: nearly seven weeks after osama bin laden was killed by u.s. commandos, al qaeda finally picked ayman al zawahri as its new leader. outgoing defense secretary robert gates says zawahri is no bin laden. but al qaeda is still a serious threat. >> i think it's a reminder that they are still out there and we still need to keep after it. >> reporter: as bin laden's deputy, zawahri was the brains behind the terrorist bombings of two u.s. embassies in africa, the attack on the uss "cole" and the 9/11 attacks on the world trade center and the pentagon. in a videotape released last week, zawahri called for the revenge of the killing of zawahri. >> it's probably tough to count votes when you're in a cave. >> reporter: the most immediate challenge, however, mending relations with pakistan, seriously embarrassed by the secret raid that killed bin laden. in retaliation, the pakistan military shut down three joint intelligence centers and ordered the 50 american military who work there
Jun 16, 2011 12:00pm EDT
congress and president obama with the u.s. military involvement in libya. house speaker john boehner says that the president's argument on libya does not pass the test. lawmakers filed suit against the president claiming he violated the constitution by bypassing congress to authorize military action. the white house is defending the president's actions saying the u.s. has a supporting role in nato-led mission. >>> computer hackers breached the cia. they also packed into the senate sony and the cia says it did it -- is invested about their public web site does not have classified data. >>> six weeks after u.s. special forces killed osama bin laden the al qaeda never has a new leader. the long time second-in-command a ayman al-zawahiri is taking control. >>> six weeks after the death of osama bin laden a ayman al- zawahiri, the longtime second- in-command has taken over command of the top spot in the terror group. this has been long expected. he is thought to be the organizational mastermind of the september 11 attacks. he was involved in the planning of the 98 bombing of the u.s. embassie
Jun 15, 2011 6:00pm EDT
. the government attorney thomas morrow was in u.s. district court to try to get the matter resolved. his attorney fred cook, new to the case about the loans, was given time. he'll be back in september to try to avoid a trial. and i would like to see harry thomas step down because of the ethics violation and money laundering, setting the bogus non-profit and taking 300 some thousand dollars to use for personal gain. >> reporter: this audi suv that thomas drives is leaving a bad taste in the mouths of some of the ward 5 constituents. according to the attorney general irvine nathan, thomas bought it and took lavish trips with money that was willfully and inappropriately converted from city funs. this comes as several council members, including the chairman kwame brown and the mayor are under fire and the city council is considering ethics legislation. this comes at a sensitive time for us in the district of columbia. there have been a spate of allegations against members of the couple and the executive branch. it's obvious we need to take some steps. >> reporter: some are not waiting. the supporters
Jun 25, 2011 7:30pm EDT
year, now the second longest war in u.s. history, second only to the afghanistan conflict. here's is a iraq war human toll, u.s. military. killed, 4421 american soldiers. injured, amputeed, wounded, mentally ill -- 31,922 americans. the u.s. military is still there, the number of u.s. troops in iraq now just short of 50,000. roughly the population of biloxi, mississippi. the u.s. military in iraq had been scheduled to leave iraq by december 31, 2011. secretary gates now says he wants them to stay. and he is trying to figure outs how he can get the iraqi government to "ask" the u.s. to stay in iraq. >> the iraq and we are talking about some kind of residual american presence in terms of helping them with beyond december of 2011. >> some believe that we are sinking our roots in iraq and all the signs point that way. the u.s. embassy in iraq, get this, is the largest embassy in the world with a current population of 8,000 people. in the embassy. and the embassy suspects to build that 8,000, get this, up to 17,000 people. the u.s. embassy also has 19 planes and 24 helicopters. the a
Jun 26, 2011 7:00am PDT
, the ceo of the world's largest bond trading firm, mohamed el-erian. next up, crime sourcing the u.s. constitution. i asked for your idea for amendments. we got an extraordinary response and we'll talk to jeff toobin about the realities of amending the u.s. constitution. all that and more, but first, here is smi take. this week we got a he'll way into the way barack obama's mind works. he's clearly felt the united states has a lopsided foreign policy with too large a military commitment to certain crisis points on the globe. he has wanted to rebalance american foreign policy to shift the focus away from the problems of the past, iraq, afghanistan, and focus on the challenges of the 21st century, the rise of china and asia more generally. this week, me gohe announced a significant drawdown of troop, effectively reversing the surge that began 1 mon8 months ago. when he came into oifrks the united states had almost 200,000 troops engamged in combat in iraq and afghanistan. by next year, it will have half that number. most in noncombat operations. some would wish the drawdown was slower,
Jun 22, 2011 5:00pm PDT
that a lot of people have been waiting for and none more so than the u.s. military personnel, men and women in afghanistan and their families back here in the united states. we want to welcome our viewers here in the united states and around the world. we're standing by to go to the white house. the president of the united states is going to be delivering what we expect to be about a ten-minute address to the nation on a scheduled drawdown of u.s. troops in afghanistan. gloria borger is with us as well. gloria, as the president prepares for this, the stakes not only for the men and women serving in afghanistan but for u.s. taxpayers, for the u.s. strategic position in that part of the world, enormous right now. >> it is. i don't think we can say this decision was made on one particular reason. when you look at the entire environment and you look at the economy, you look at the political pressures, you look at the cost of the war, you look at the debt that we're facing, it's clear that this is a president who gambled on a surge back in december 2009 and now he's going to come out and say the
Jun 29, 2011 6:30pm PDT
, many people here in the u.s. are asking, "what does this mean to me, my business and my investments?" joining us now to answer those questions? jim awad, investment strategist at zephyr investments. hi, jim. >> hi, susie. >> susie: let's get right to it. a lot of people are saying what does this mean to me. what would you say? >> well, what i would say is that if greece were to default, it's not only would affect the financial system and the banks and the liquidity in europe, it would negatively impact their economies, it would flow right back to the u.s. financial system and the u.s. economy. so it matters a lot to us if greece defaults or if other countries, other peripheral countries end up defaulting. >> susie: and another thing a lot of people might not realize is that their money market investments, many of them, money market funds, are invested in european banks which have made loans to greece. so the question is, how safe or how vulnerable are those money market investments? >> well, left to their own they would be vulnerable, because if greece defaulted there would be a lot
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